[I'm considering going.] [I've never been to the Middle East, but I'm going soon.] [Does that mean you'll do the on-site investigation for me?] [Yes, I will. And even though I haven't been there, I'll tell you what I think right now. There's no better place to do construction work than the Middle East.] [Why is that?] [First of all, the Middle East is an Islamic country, so you can't drink alcohol. Since construction workers don't drink alcohol, the construction will go faster. Of course, the Middle East is a desert, so there's the downside of not being able to work during the day because of the heat, but that can be solved if you have them work at night. And the most important part is that sand, one of the essential construction materials, is spread all over the place, so it's practically free. And since it doesn't rain, there's no case of stopping construction.]
Of course, sand from the desert is not applied as construction sand.
The irony is that the Middle East countries of Saudi Arabia and Dubai import the most sand.
[Naturally, you can't build with desert sand, but symbolically, you can.] [Hahaha. You're speaking in opposition to the group executives.] [I believe the chairman considered what I had to say.] [This fellow is getting more and more attractive.] [How much am I worth now?] [How much more should I offer him?]
"Did Your Majesty send it?"
When Chairman Wang of Daehyun Group first met me, he asked me this.
"Your Majesty has given permission."
Eunseong Group Chairman Kim Byeong-cheol has the glint in his eye that makes me regard him as the son-in-law prospect that the President has selected.
'I said I don't want.'
That would never be possible though.
If I am to resign as the President of South Korea and go into exile, it would be over the fact that I don't want to be the president's son-in-law.
"Permission granted?"
"Yes, that's right."
"What did you allow?"
Your Majesty has allowed Eunsung Group to become South Korea's number one conglomerate."
On my words, the face of Eunseong Group Chairman Kim Byeong-cheol altered to one of confusion.
"What does that mean?"
at the time.
There was a sound of a young man's voice outside.
-Is your father in the study?
-You are meeting someone from the Blue House.
-is it so?
-That's right. But what's going on?
-I visited you because I have a business plan that I would like to propose to my father on the future of Eunseong Group.
The voice of the young man heard outside the study appears to be that of Chairman Kim Byeong-cheol's third son.
'of course!'
He's not young enough for you to call him a young man.
'A business for the future of Eunsung Group?'
It seems that he is going to propose a semiconductor company.
'Actually, that's why I came too.'
why?
The more, the better.
"What does that mean?"
"Mr. Chairman, can't Eunsung Electronics make televisions now?"
Eunsung Electronics formed a joint venture with Sanyo Electric Sumitomo Corporation to establish Eunsung Electronics.
At present, the Eunseong Group has broadcasting stations and is mass producing and selling more television sets and radios, thereby increasing the quantity.
The more viewers watch a broadcast station's television programs, the more advertising fees they get, so they are gaining in various senses.
'I am married to Geumseongsa.'
As Geumseong is a family with a specialization in the electronics industry, the honeymoon between the two families was over once Eunseong Electronics was launched.
'What if you turn down my offer?'
I'm going to Geumseongsa Temple directly.
If that is the case, the South Korean conglomerate ranking could shift in the future.
'but.'
Eunsung Group Chairman Lee Byung-chul would never say no.
'If you look at the image of the Eunseong Group.'
Advertisements
Because it is the largest political-business collusion group in South Korea.
Actually, Eunseong Group was protected by the Blue House as it ventured into the business of seasoning, flour, sugar, and media.
You'll want to shatter that image.
In the most foul-mouthed.
'There was also the saccharin smuggling affair.'
Was the saccharin affair actually done by the Eunseong Group solely?
No, that won't occur.
As soon as she had a variable when conspiring with the Central Intelligence Agency, the Central Intelligence Agency retreated, and naturally, Eunseong Group was left to bear the blame solely.
So the fertilizer business was removed.
"however?"
"Can you be content with television?"
"Why are you a not daytime goblin and yet insist on speaking in ways I cannot understand?"
"Now let me come to the point. Do you have any knowledge of computers?"
"computer?"
"If Eunsung Electronics is going to be the world's number one electronics firm, not to mention the number one electronics firm in Korea, it has to manufacture semiconductors that are used in computers and other electronic products and export them in the international market."
"semiconductor?"
Today, the United States and Japan control the semiconductor industry.
'and.'
Korea Semiconductor, established in 1974, was the first company to initiate a semiconductor venture, and Dr. Ki-Dong Kang, a semiconductor leader, was its CEO.
Most of the Republic of Korea's citizens in the future when I lived believed Chairman Kim Byung-chul to be the father of semiconductors, but that wasn't the case.
'Korean Semiconductors' Dr. Kang Ki-dong!
After I raise funds, I shall meet him.
Even if I take a stake in Eunsung Electronics, I am going to invest independently in Dr. Kang Ki-dong and start my own semiconductor business.
'Eunseong Electronics is a match for the fire.'
To some extent, it's an insurance policy.
'What about 1974?'
There are two years still remaining.
In it, I will be able to scout Dr. Kang Ki-dong and position him as the head of the Korean semiconductor group company that I will form.
"Yes, semiconductors are the rice of industry."
"Is that what you think, Your Majesty?"
"Your Majesty has given me permission to make this proposal to the Chairman."
"That's your young thought."
It's negative.
"Do you think so, Mr. Chairman?"
"Japanese and American companies nearly monopolize the semiconductor industry. Can Eunsung Electronics, which is short in all aspects, survive in that monopolistic industry?"
That's also true.
"If Eunsung Electronics gets into the semiconductor business, it will be driven out in scale and will be driven out in price competition as well."
"therefore."
"Why don't you solve that lethal problem with innovation?"
"Overcoming through innovation?"
Yes, I'm sure that we can overcome this with creative technology. Why? Because it is Eunsung Electronics."
At that time the door of the study was opened.
"Father, what that young man said is correct. If Eunsung Electronics is going to be globally competitive, it has to get into the semiconductor business."
The individual who came running into the room through the door was Chairman Kim Byeong-cheol's third son.
'I'll soon be picked as the successor.'
Advertisements
Had the second son not led in the saccharin smuggling case and the first son possessed some sort of managerial skill, the history of South Korea's business world would be different.
"How rude."
This is Chairman Kim Byeong-cheol rebuking his third son.
"I'm sorry. I entered the study without permission because that young man was thinking the same thing as me."
"It seems that the director of Asian Broadcasting agrees with me, Mr. Chairman."
At my words, Eunseong Group Chairman Kim Byeong-cheol looked at me blankly.
"Look here."
"Yes, sir."
"Does Your Majesty really think that Eunseong Group can overcome all problems through technological innovation?"
I believe so. And in fact, if we do not become technologically innovative, Eunsung Electronics, or more accurately, Eunsung Group, will be a mid-sized firm that is not a big company, but only produces clothes or flour, and then be erased from the history of the Korean business community."
He deliberately wounded the pride of the chairman of the Eunseong Group.
"Everything is all right, but why are you, who carry the Blue House on your back, uttering these words to me?"
"Because I wish to possess shares in Eunseong Electronics."
"Share?"
This is Chairman Kim Byeong-cheol, who is impressing.
"Yes."
"Look here, Special Advisor to the President."
"Yes, sir."
"If you came to rob, you might have at least brought a knife."
"I am not asking for it free of charge."
"then?"
"I wish to invest."
"Your Majesty, you likely don't have any money to invest."
"I would like to invest."
"Do you have any investment capital?"
"I have five million dollars."
I went first to the chairman of Daehyun Group and got $3 million. Then, when I shared my opinion on the Middle East construction project with him, he agreed to provide me with another $2 million.
'Of course it's a bribe.'
I also know very well that it is not a huge amount of money offered to me alone.
'I must report to Your Majesty.'
So, there will be no aftereffects.
"Five million dollars?"
"Yes, that's right. To be exact, I'll give you the future of the electronics industry along with $5 million."
Chairman Kim Byeong-cheol stared at me vacantly at my words.
"You are a dreamer."
"Many might view it that way, but I am a businessman and an investor."
"Really? But why Nago Eunseong Group?"
"If the chairman refuses my investment offer, I will go directly to my in-laws' residence, Geumseongsa."
When I tell Chairman Kim Byung-chul that I am going to Geumseongsa, he will hear that the Blue House is backing Geumseongsa, not Eunseong Group.
'Geumseongsa is an NG group.'
It might not be that way, but in my future Republic of Korea, rather than Eunsung Group being the group which owns the electronics firm with the biggest market capitalization, NG Group might be the firm which owns the biggest firm in South Korea by market capitalization as its subsidiary.
"That's a threat."
"Currently, I can be a daytime goblin or a swordsman in the eyes of the Chairman, but when your third son is appointed as the second-generation CEO of Eunseong Group, I might become the benefactor of the family."
"Is he going to take over Eunseong Group?"
It appears that there is an attempt to conceal his real emotions.
Advertisements
"I believe so."
"Why do you believe so?"
"Because the chairman has no choice."
"I have an eldest son. It is natural for the eldest son to inherit the family business."
"Couldn't it be possible for a family to have an eldest son who inherits the family tradition and an independent son who inherits the family business?"
"Family tradition and family business are not the same?"
What I just uttered to Chairman Kim Byeong-cheol is what the second CEO of Eunseong Group later stated.
"In a competitive corporate game, succession to the first son may not always be the natural order of things to do."
Nevertheless, the in-law of the Eunseong Group now running Geumseongsa follows the rule of primogeniture. Perhaps that is the reason why no bloody succession battles among the successors to the conglomerate will erupt in the future.
'Even if it's just Eunseong.'
There was one case when the second son complained to the Blue House about his father.
The president who heard the report described it as unfilial and notified Chairman Kim Byung-chul of the incident.
Thus, the second son was on his own and established Sehan Group.
Now, we will go broke during the IMF foreign exchange crisis which only I know.
Is that all?
The Daehyun Group had also gone through the Prince's Rebellion.
'Money!'
It's pitiless.
"Hmm!"
Chairman Kim Byeong-cheol is the first to let out a groan.